Background

Mr. Andrea Ragnetti has been Chief Executive Officer of Consumer Lifestyle sector at Philips Electronics North America Corporation since January 2008 and its Chief Marketing Officer since 2003. Mr. Ragnetti served as Chief Executive Officer and Head of Marketing at Philips Medical Systems International B.V. He served as the Chief Executive Officer and General Manager of Alitalia - Compagnia Aerea Italiana S.p.A. from March 5, 2012 to April 2013. Mr. Ragnetti served as ... the Chief Executive Officer of Philips Consumer Lifestyle International B.V. He served as the Chief Executive Officer of Philips Electronics Singapore Pte. Ltd. from January 1, 2008 to September 1, 2010 and its Member of the Board of Management from April 2006 to September 1, 2010. He joined Philips in January 2003 as Chief Marketing Officer, and became a member of the Group Management Committee of Philips. He served as Chief Executive Officer of Consumer Lifestyle at Koninklijke Philips N.V from January 2008 to April 2010 and its Executive Vice-President until April 2010. He served as Senior vice president of Royal Philips Electronics at Koninklijke Philips N.V. and its Member of Board of Management from April 2006 to September 2010. He served as Chief Marketing Officer of Philips Domestic Appliances and Personal Care at Koninklijke Philips N.V. from 2003 to April 2010. He served as Chief Executive Officer of Philips Domestic Appliances and Personal Care at Koninklijke Philips N.V., from April 2005 to January 1, 2008. He serves as Chairman of the Simplicity Advisory Board of Philips Electronics North America Corporation. He served as the Chairman of the Simplicity Advisory Board of Philips Medical Systems International B.V. He served as chairman of Simplicity Advisory Board at Koninklijke Philips N.V. Mr. Ragnetti began his career in marketing at Procter & Gamble in 1987, first in Italy and then in Portugal. In 1993, he joined Reckitt Benckiser, becoming marketing Vice-President in 1997. In the same year, he founded the Post Graduate School, Perugia. He joined Telecom Italia in 1998 as Executive Vice-President of marketing for its Mobile division, before taking up a similar position with its Fixed Line division one year later. He served as the Chairman of Simplicity Advisory Board at Koninklijke Philips N.V. Mr. Ragnetti holds a degree in political science from Perugia University in Italy.

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